Latest cybersecurity reporting from selected sources.

Also: AscendEX Shuts Down; Ethereum Foundation on AI Bug HuntingThis week, Ostium paused trading, AscendEX shut down, Ethereum said AI hastens bug hunting, not verification, the United States charged an inmate over seized transfer, ex-Sheriff's deputy jailed for extortion, Tangem card security, Iran-linked wallets sanctions and the U.S. may drop BitClub charges.

Also: IoTex Bridge Exploit Linked to Private Key BreachThis week, Step Finance shuts down, IoTeX bridge exploit, Russia-linked exchanges help evade sanctions, Australian charged in $3.5 million scam, a hacker returned $21 million in seized bitcoin to South Korean prosecutors and Malaysia arrested 12 police officers in an extortion case.

Russian cryptocurrency exchange Garantex, a money laundering destination for Russian and North Korean hackers, is no more after international law enforcement seized its servers. Prosecutors in the United States indicted the exchange's two principals in federal court.

Also: UwU Lend's Hacks, Terraform Labs' Dissolution, Gemini's SettlementThis week, CertiK researchers allegedly stole money from Kraken, UwU Lend was hacked, Terraform Labs shut down, Gemini will pay defrauded investors, three entities claimed seized FTX assets, a Chinese bank suffered embezzlement and money laundering, and the SEC's crypto head is leaving.

Also: Pump.fun Hack, Arrests in $73M Pig-Butchering ScamThis week, Gala Games and Pump.fun were hacked; alleged pig-butchering scammers, Incognito admin and illicit banking racketeers were arrested; Pink Drainer was shut down; the U.S. House approved a crypto bill; a man pleaded guilty to wire fraud; and tech companies formed a scam-fighting coalition.

Also: FCA Rounds Up Noncompliant Firms; GoFundMe Shuts Down Tornado Cash FundraiserThis week, FixedFloat lost $26 million in a hack, the U.K. Financial Conduct Authority found illegal promotions of cryptocurrency, GoFundMe shuttered a Tornado Cash fundraiser, and an Australian cop allegedly stole $4 million worth of bitcoins.

Numerous Impediments Remain If Administrators Attempt to Reboot the OperationThe notorious ransomware-as-a-service group LockBit, disrupted by law enforcement this week, was developing a new version of its crypto-locking malware prior to being shut down, security researchers reported. Even so, experts say it's unlikely the group would be able to successfully reboot.